Tuesday, October 11, 2011

Financial globalisation

Books of Account
The Next Great Globalization
Frederic S. Mishkin

Give adequate resources to prudential regulators

Not long ago, Mishkin wrote ‘The Next Great Globalization: How disadvantaged nations can harness their financial systems to get rich’, which wrapped up by fretting that not every emerging market country has the political will of Chile, Hong Kong, Singapore, and Taiwan to adopt the reforms needed to make financial globalisation work.


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